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Yes, an increase in the scale of slavery enabled by the commercial instruments (bonds and commercial insurance) that mitigated risk for the trade. Whilst contr
by wombatmobile 6y ago
Yes, an increase in the scale of slavery enabled by the commercial instruments (bonds and commercial insurance) that mitigated risk for the trade.
Whilst contracts had previously been written by hand, the standardisation and scale of reproduction enabled by Gutenberg meant that risk could be transacted in open markets by complete strangers.